States › New York › Lackawanna

Is Lackawanna, NY expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,21731% lower than U.S. average
💵 Families earn per year (2026)$56,201about $4,683/month · 35% lower than U.S. average
🔑 House price$140,70058% lower than U.S. average

Rent is lower than in 75% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $48,680 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 37 of 343 cities from cheapest to most expensive.

Lackawanna
$1,217
Melville
$3,500+
Nanuet
$2,824
East Northport
$2,788
Mamaroneck
$3,500+
Plattsburgh
$1,221
Huntington
$3,500+

How much do households earn in Lackawanna?

Under $25k
23.2%
$25k–50k
27.0%
$50k–100k
32.2%
$100k–150k
8.8%
$150k+
1.7%

Share of households by yearly income. 10.5% of households earn $100,000 or more.

Rent by apartment size in Lackawanna

SizeLackawannaU.S. average
1 bedroom$828$1,324
2 bedrooms$906$1,509
3 bedrooms$1,114$1,698
4 bedrooms$1,700$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lackawanna overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lackawanna, so the New York figure is shown.

Taxes and bills in Lackawanna

🏛️ Property tax$3,745a year · 2.66% of home value · U.S. $3,119
⚡ Electric bill$109a month (typical) · U.S. $156

Life in Lackawanna

Commute to work20 minU.S.: 26.4 min
College degree20%U.S.: 35.7%
Own their home56.2%U.S.: 65.2%
Below poverty line23.2%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Lackawanna?

Buying is cheaper month to month: about $241 a month less than renting.

Renting
$1,217
Owning
$976

Owning assumes a typical $140,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,070 for the down payment.

Frequently asked questions

What is the average rent in Lackawanna, NY?

Renting in Lackawanna costs a median of about $1,217 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Lackawanna?

To keep rent under 30% of income, you need about $48,680 a year, or $23 an hour at a full-time job.

Is Lackawanna cheap or expensive?

Lackawanna is rated OK: rent takes 26.0% of the typical household income of $56,201. It ranks 37th cheapest of 343 New York cities we track.

How much are property taxes in Lackawanna?

The median homeowner in Lackawanna pays $3,745 a year in property taxes, about 2.66% of the median home value.

Is Lackawanna more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lackawanna?

The median home value in Lackawanna is $140,700, about 2.5 times the typical yearly household income.

19,753 people live in Lackawanna. Numbers are typical (middle) values.